Salt Lake evening Democrat. [volume] (Salt Lake City, Utah) 1885-1887, 1887-06-06
ENYIEH AMERICA.

Every other nation on earth knows
not which way to turn to pay its debts.
We know not which way TO turn to dis
pose of our surplus revenue. The United
States alone, amid the nations. has
surplus. Every other civilized nation
has yearly deficit; it spends more than
it receives. Germany alone is somewhat
better situated, for it owns its great lines
of railways, and has other assets which,
if sold, would bring more than its
national debt.
The extraordinary advantages We have
over other nations is profoundly inn
pressing the people of other countries.
The following extract from an English
financial circular tells itsj own story ::
without venturing to express an
opinion, we may, nevertheless, call at
tention to few facts which bear on this
point. In less than twenty years the
United States have reduced their debt
by about 1920, 100000. They ended their
fiscal year, 1886, with surplus Of about
$lS,0O0,000. They added during 1885 to
their system of railways 5000 miles,
making in all 10000 miles, worked by
$4,000 locomotives, costing approx
mately e1 ,65O,OOO,oOO In six years,
1SSO-1SS6, the population increased
20 per cent, namely, from 50,-
100000 to 61,0O0,O0O. In 1885 they
raised 357 100000 bushels of wheat; in
1886 they raised 457, ,OOO, 900 bushels, an
increase OF more than p per cent, or
100,000,000 bushels.
In 1885 their shipping ports received
4 ,451 1858 bales OF cotton; in 1886, they
received 5,177,23 bales, an increase of
more than 111a per cent, or 725, ,572
bales. In comparison with these figures
the progress of all other countries be-
comes Insignificant. Is it any wonder
that the tide of emigration is again set
ting for our shores The above figures
could be extended. For instance, the
metal and mineral products of the United
States had "spot" value of $3.50, 900, 900
as against 1922, 100000 for the mineral
products of Great Britain in the same
year. The mineral production of this
year, it is estimated, will be fully $780,
100000. We shall build 1000 miles Of
new railroads in 1887. Our largest pre-
vious year was in 1888, when we built
some 5000 miles of road.
Then we are at peace with all the world
and have no use for our army, but we
think it prudent to have few ships and
big guns to guard our sea coasts against
possible complications with other ma
tons.
Truly is America is to be envied. And
this envy of the nations is growing yearly.
Within the last two or three years this
envy has had by far the greatest growth.
And why? Because within that time the
National debt has been reduced with al
most phenomenal rapidity. Because the
resources of the Nation have been al
lowed full play. Because the money OF
the people, to the last dollar, has been
devoted to the peoples interests. Be-
cause National Administration has been
National business. Because the public
Golfers are no longer drained by private
plunder. Because the pocket OF the
people is no longer visited by party
greed. Because official pickings are now
applied to public needs. Because fraud,
corruption, Republicanism, has been BAN
ished. Because Democracy has returned
from exile, and the people have their
own again.
These are the reasons why the National
debt is disappearing like the mists before
the sun. This is the reason why there is
a vast and increasing surplus in the peo-
ple's treasury. This is the reason why
the United States are the envied OF Ma
tions.
This is also the reason, in legitimate ex-
tension, why this vast surplus Is on the
eve of bringing wealth to the people,
while redounding to the honor of the
Nation abroad. Yet short time, and
this yearly surplus will no longer ap-
pear. 1t will be in existence, however,
but it will exist in the pockets and pur-
ses Of the people in place of in the vaults
of the National Treasury. 1t will be
bringing happiness and prosperity, COM
fort and contentment, to the homes Of
American labor. The mission of De-
mocracy is to the Nation. The work. OF
Democracy is with the people. De-
mocracy is not only political freedom.
1t is financial liquidation. Democracy is
paying the debt of the Nation. De-
mocracy will pay the debts of the people.